Automotive Powertrain Market Forecast and Analysis - Global Review 2017 to 2026


Posted January 9, 2018 by Singh_Nivedita

According to Fact.MR, the global automotive powertrain market is expected to represent a value of over US$ 500 Mn by the end of 2026.

 
Growing need for comfort, safety and performance is becoming a major concern in the automotive industry. In order to generate power in the engine, rev up acceleration, gain traction and the high towing capacity, manufacturers are increasingly integrating powertrains in the vehicles. In addition, the manufacturers in the automotive industry are also focusing on incorporating the powertrain sensors and actuators in the vehicle for enhanced transmission system. Surge in demand for enhanced transmission system will continue to fuel demand for automotive powertrain globally. Imposition of government regulations regarding emission of carbon dioxide will further continue to impact growth of the global automotive powertrain market positively.
According to Fact.MR, the global automotive powertrain market is expected to represent a value of over US$ 500 Mn by the end of 2026.
Request For Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=346

Government Regulations to Impact Global Market Growth
As government in various countries are increasingly focusing on developing smart cities, demand for the electric vehicles is bound to increase globally. In order to reduce the emission of carbon dioxide in the environment, government in various countries are increasingly imposing regulations regarding the level of carbon dioxide emitted in the country. Growing need to reduce the level of emission and control the pollution level has led to increasing demand for electric vehicles. Surge in demand for electric vehicles will continue to rev up demand for the automotive powertrain globally.
Technological Advancements to Underscore Lucrative Growth Opportunities
In order to reduce the consumption and fuel emission, manufacturers are increasingly focusing on incorporating engine downsizing in the vehicles. Increasing integration of engine downsizing will continue to remain a major trend in the automotive industry globally. In addition, manufacturers are also focusing on integrating engine management sensors to improve the efficiency of the engine and optimize the fuel economy. Moreover, companies in the automotive industry are further concentrating on offering vehicles equipped with sensor clusters and smart actuators. Growing need to integrate automotive components such as transmission, smart actuators and sensor clusters will continue to fuel demand for automotive powertrain globally. Manufacturers are also focusing on integrating leading technological features such as combustion control to ensure effective prevention of the environmental pollution. Bound to these factors, the global automotive powertrain market is expected to witness significant growth during the forecast period.
Gasoline Powertrain to Represent a Leading Segment
Growing need for power in all the wheels of the vehicle is expected to rev up demand for all wheel drive in the automotive industry. On the basis of position type, the all wheel drive segment is expected to represent the highest revenue growth, accounting for a value of over US$ 80 Mn by the end of 2026. Moreover, the all wheel drive position type segment is expected to register a robust CAGR throughout the forecast period.
Based on vehicle type, the light commercial vehicle segment is expected to generate significant revenues, recording a value of over US$ 30 Mn by the end of 2017. However, the mid-sized vehicle type segment and the compact vehicles segment is expected to register a significant CAGR through 2026.
Browse Full Report With TOC- https://www.factmr.com/report/346/automotive-powertrain-market
By powertrain type, the gasoline segment is expected to witness a significant revenue growth, accounting for a value of over US$ 100 Mn by the end of 2026. In contrary, the battery electric vehicle powertrain type segment is expected to register the highest CAGR during the forecast period.
Competition Tracking
Leading market players operating in the global automotive powertrain market include General Motors, Ford Motors, Volkswagen Group, Hyundai, Toyota, BorgWarner Inc., JTEKT Corp., GKN plc., Magna Powertrain Ltd. and Delphi Automobile LLP.
Request For Discount On This Report- https://www.factmr.com/connectus/sample?flag=D&rep_id=346
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
Fact.MR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Telephone: +353-1-6111-593
Email: [email protected]/
Web: https://www.factmr.com/
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Factmr
Website Automotive Powertrain Market Forecast, Trend Analysis & Competition Tracking - Global Review 2017 to 2026
Phone +353-1-6111-593
Country United States
Categories Automotive
Tags automotive industry , automotive powertrain , automotive powertrain analysis , industry equipment , integrating powertrains , powertrain sensors , transmission system
Last Updated January 9, 2018